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IBM posts 1% Q2 revenue growth despite IBM Z, software sales drop

Verifying
  • IBM reported higher second-quarter revenue despite declines in IBM Z and transaction processing software sales.
  • Revenue increased 1% year over year, while operating earnings per share grew 5%.
  • Expanded profit margins supported earnings growth, and IBM maintained its free cash flow guidance.
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IBM posts 1% Q2 revenue growth despite IBM Z, software sales drop - CoinPost Terminal